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Bayer’s operational business was hit by currency effects in the first quarter of 2018, forcing the company to cut its profit predictions for the year, the company said on Thursday.
GlaxoSmithKline Consumer Healthcare (GSKCH) reported 4.73 per cent increase in net profit at Rs 192.41 crore for the second quarter ended September 30, 2017—18.
The company reported net profit of Rs 662.9 in the same period of previous year. Total revenue from operations dropped 8 percent to Rs 3951.9 crore from Rs 4,290.5 crore